Explanation: Infosys on 24th August said it has brought in Nandan Nilekani, one of the company’s co-founders, as non-executive, non-independent director and chairman of the Board of Infosys brining an end to the leadership crisis in the very public battle between the board and founders where Nilekani has mostly kept away from. The official statement released by Infosys said, (The) Board of Directors has unanimously approved the appointment of Mr Nandan Nilekani as the Non Executive Chairman of the Board, effective immediately. In a dramatic turn of events, the current Board chairman R Seshasayee, Vishal Sikka, who was the executive vice chairman and board director resigned earlier and Infosys said it had accepted their resignations with immediate effect. Vishal Sikka, who quit last week as CEO but was made vice-chairman till his successor was appointed, also quit the board with immediate effect, the company said in a statement after its board meeting.